Monday, March 7, 2016

TheStreet: Lower Oil Prices Are Actually Stopping a U.S. Recession, Not Causing One

By SIMON CONSTABLE

What a difference a few months makes: Not so long ago, hand-wringing pundits warned that plunging oil prices portended an ugly global recession from which the U.S. wouldn't escape.

Now that concern seems overblown. The economy continues to grow and add jobs -- 242,000 in February, according to the latest government data. Read more here.

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